Tag: Argentina

Wednesday, September 3rd 2014 - 22:17 UTC
China expanding its investments in Argentina's South Atlantic fisheries

China is interested in investing in Argentine port infrastructure and in setting up companies with access to the South Atlantic fisheries, according to reports from Shanghai where an Argentine top level delegation is currently negotiating in the framework of the China-Argentina cooperation agreement.
Wednesday, September 3rd 2014 - 22:05 UTC
Soros signals Argentina’s shale is biggest place to be

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both super-majors and smaller players making big waves in the heart of new discovery areas.
Wednesday, September 3rd 2014 - 09:00 UTC
Argentine presidential election 25 October 2015, and run-off 24 November

Argentina's National Electoral Register has confirmed that the first round of presidential elections will take place on October 25 2015, with a run-off penciled in for November 24 if no candidate takes enough votes to win outright.
Wednesday, September 3rd 2014 - 06:37 UTC
Kicillof in China to confirm loans and a much needed swap dollars

Credit strapped Argentina is wooing Beijing and with this purpose Economy Minister Axel Kicillof, Planning Minister Julio De Vido and YPF oil company CEO Miguel Galuccio are currently on an official trip to China, aimed at gathering funding for public works including two dams and one nuclear power plant.
Tuesday, September 2nd 2014 - 22:45 UTC
Argentina/Brazil bilateral trade drops to 2010 level. Auto industry hardest hit

Bilateral trade between Mercosur leading partners Argentina and Brazil plummeted 27.6% in August and 22% in the last twelve months, according to Buenos Aires consultants, Abeceb. Recession in Brazil plus strict Argentine trade restrictions and slower domestic demand has contributed to the results.
Tuesday, September 2nd 2014 - 07:43 UTC
Falklands/Malvinas issue to be addressed by Mercosur parliament 11 November

The Mercosur Parliament, Parlasur will be holding a special session next 11 November in Montevideo dedicated to the Falklands/Malvinas Islands sovereignty issue, it was announced this Monday in Buenos Aires during a visit of a delegation from the regional legislative to the Argentine congress.
Monday, September 1st 2014 - 13:46 UTC
Timerman presents plan to regulate sovereign debts before the UN on Tuesday

Foreign Minister Hector Timerman referred to Argentina’s plan to regulate international debt restructurings, to be presented on Tuesday before the UN’s General Assembly, and stressed the importance of the project saying that “the legal loophole is huge” and that it affects “most of the countries in the world.”
Saturday, August 30th 2014 - 11:06 UTC
Capital Markets accept review of sovereign default and making terms extensive to all bondholders

The International Capital Market Association (ICMA) published on Friday the revised framework that allows a majority of investors holding sovereign bonds that default to make changes to the terms, such as extending maturities or reducing the principal.
Saturday, August 30th 2014 - 08:01 UTC
Judge Griesa schedules new hearing; Argentina appeals to United Nations on holdout case

The US judge overseeing litigation by Argentina and creditors who did not participate in the country's past debt restructurings scheduled a hearing to assess whether Citigroup Inc (C.N) should be forced to comply with a subpoena.
Saturday, August 30th 2014 - 07:07 UTC
New World Bank delegate in Argentina; 'country strategy' to be considered next month

The World Bank board of directors will be discussing sometime next month a new aid program for Argentina focused on combating poverty, but the loans approval can't be expected until next year, according to the bank's new representative in Argentina, Jesko Hentschel.